As Interest Rates Rise

question 133

Multiple Choice

As interest rates rise

• A) there is a movement upward along the supply curve for loanable funds.
• B) the supply curve for loanable funds shifts to the left.
• C) there is a movement downward along the supply curve for loanable funds.
• D) the supply curve for loanable funds shifts to the right.

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Definitions:

Modern Banks

Financial institutions engaged in deposit taking, lending, and various financial services, leveraging technology for operations and service delivery.

Safes

Secure containers designed for protecting valuable items, documents, and firearms from theft or damage.

Functions As Money

This refers to the various roles that money plays in an economy, including serving as a medium of exchange, a unit of account, and a store of value.

Authorized

Authorized refers to something that has been officially approved or sanctioned, often related to authority or permissions in a legal, professional, or organizational context.